Propellus Inc (PRPS)

[bigshow81]

It is a gamble and you are right, don't count on support at .001. I bought in off all the contract news from late '11 & early '12 and now left holding the bag. If Q1 report shows more new notes on top of the $200,000 that still needs to be converted I will sell and wait for it to hit .0001. They are bound to show a profit in the future but not before the share price goes as low as possible........0001, assuming continued dilution. Lots of factors to watch out for. Announcing the need to no longer borrow, major contracts, gov't grants, patents could turn this thing around overnight. Keep studying the quarterly reports. The next one should be a good indicator on whether to hold or sell and wait for bottom - .0001 The pattern seems obvious though, dilute share prce to .0001 and R/S. Repeat if necessary. JMO.